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Ex-Solyndra Workers Blast Company, Lender
The employees suing the failed solar-panel maker for not giving them enough notice before its abrupt shutdown last summer are now accusing Solyndra of running its bankruptcy for the benefit of secured lender Argonaut Ventures I LLC.
Updated: 02/02/2012 02:59P
Bankruptcy Filings Drop to Near Pre-Recession Levels
ATLANTA, GA (WABE) - In what could be an indication of a strengthening economy, both consumer and business bankruptcies are down. The Atlanta-based credit bureau Equifax reports commercial petitions for bankruptcy decreased 44% from their peak in the
Updated: 02/02/2012 02:35P
Bankrupt American Air to Outsource Maintenance and Ax 13K jobs
AMR Corp., the parent of American Airlines, announced Wednesday that it must cut labor costs by 20%, as the third-biggest national carrier restructures itself under bankruptcy protection.? Among the cost-cutting measures, the company proposes to dump
Updated: 02/02/2012 02:18P
Mayor says Providence could face bankruptcy without retiree benefit cuts
PROVIDENCE, RI (AP) — Mayor Angel Taveras painted a bleak picture Thursday of the city's finances, saying Providence faces "devastation" and could go bankrupt if retiree benefits aren't cut and tax-exempt institutions like Brown University don't pay
Updated: 02/02/2012 02:15P
Miquita Oliver - Miquita Oliver Files For Bankruptcy Following Unpaid Taxes
Miquita Oliver, the charismatic former presenter of such Channel 4 programs as 'Popworld' and host of 't4' has filed for bankruptcy following the revelation that she owed a substantial amount in unpaid taxes. It's a sad discovery for a TV personality
Updated: 02/02/2012 02:14P
Lou Allen Elected to Stites & Harbison, PLLC, Management Committee in Atlanta
ATLANTA -- The law firm of Stites & Harbison, PLLC, recently elected Lou Allen to the firm's Management Committee. The Management Committee serves as the firm's board of directors. Ms. Allen will serve a two year term. Other members of the Management
Updated: 02/02/2012 02:11P
Mayor: Providence, RI, Faces Bankruptcy
The receiver declared bankruptcy on behalf of the city in August. "Let me be clear: We will reduce retiree benefits," he said. Taveras has scheduled a town hall meeting with city retirees for March 3. Taveras has also been at odds with the city's
Updated: 02/02/2012 02:10P
Mayor: Providence, RI, Faces Bankruptcy
The receiver declared bankruptcy on behalf of the city in August. "Let me be clear: We will reduce retiree benefits," he said. Taveras has scheduled a town hall meeting with city retirees for March 3. Taveras has also been at odds with the city's
Updated: 02/02/2012 02:10P
Central Falls receiver Flanders set to meet with Mayor Taveras
Providence Mayor Angel Taveras will be getting some guidance from Rhode Island's leading authority on municipal bankruptcy. Taveras is scheduled to hold a meeting Friday with Robert Flanders, the retired RI Supreme Court justice who has been Central
Updated: 02/02/2012 01:52P
Milwaukee Archdiocese Hit With 550 Abuse Claims
AP MILWAUKEE—About 550 people are asking for restitution for alleged sexual abuse by clergy members in the Archdiocese of Milwaukee—more than in any of the other US dioceses that have filed for bankruptcy protection, according to a lawyer involved in
Updated: 02/02/2012 01:43P